Skip to main content

About your Search

KRON (MyNetworkTV) 1
English 28
Search Results 0 to 27 of about 28
the sequester for flight delay. it is just another example of shoddy management by the faa. lori: gas prices are tank. why good news may still be on the way. melissa: fed watchers in full speculation mode as bernanke has he will skip jackson hole. a first for a federal chairman in 25 years. what does it mean? now, to the floor of the new york stock exchange. nicole petallides. nicole: we will get to some of the home builders in a second. right now you have a mixed market. the dow jones pulling back a bit. that 2.2%. last week was a rough week for the dow jones industrials. there is the tech heavy nasdaq. there is a look right now at how we have done so far. obviously, you can see that we have had a nice run this year. i wanted to also take a look at some of the homebuilders. we got in some existing home sales. pound .6% month over month. that is not good news there. the home prices that you saw word. back to you. lori: seasonally strong time of year for home sales. overall, the u.s. economy is running below its historical trend. this is a study done by the index. my next guest says the econo
the federal aviation administration saying that these should be put off. they say the law allows the faa and the administration to cut somewhere else in the 16 billion-dollar annual budget of the faa. they say the way the faa were cuts makes the delays even worse. >> under the applicable laws. the faa has the authority or the discretion to find the money elsewhere. not to lay off the workers. and, therefore, to protect the traveling and shipping public, the faa should not furlough the air traffic controllers. now congressional republicans charge the way the administration has structured this is simply for political reasons. the administration says that's absolutely not the case. they say the way is law isten o other choices than to furlough these air traffic controller if they have to reach the savings that the law requires, shep. >> >> shepard: we are expecting it to say four different flight delays faa is saying. airlines anywhere between 6700. about a quarter of the flight traffic in this country daily. in a statement the faa says they will be working with the airlines and using traff
and for the american people. >> yesterday's faa's furlough produced the predicted flight delays, and senator mcconnell said as a result of the administration's poor planning and political motives were stuck op the tarmac. what's the reaction to that? >> i find it interesting the republican is decrying the sequester in the past that he support. it's a result. we made it clear that there looks like there would be negative effects if congress failed to take reasonable action to avert the sequester, policy that everyone who was involved in writing it knew at the time and was never designed to be implemented, but designed to be bad policy and to be avoided. the fact is that congress had an opportunity, but republicans made a choice, and this is a result of a choice they made to embrace the sequester as -- and i'm quoting republicans, a victory for the tea party and a home run. i don't know that they agree with it because they changed positions on sequester a variety of times in the last several months. it should have never been policy. president put forward a comprehensive balanced approach to defic
already seeing big delays as the first air traffic furloughs kick in today. a closer look at what the faa cuts could mean for you and your plans. >>> plus, the midwest getting hit with yet another spring snowstorm. major flooding and up to 6:00 inches of snow in some places. we'll show you where it is now and where it is headed. jenna: what drove the suspected bombers remains unclear in the boston terror attacks. investigators are reportedly already trying to question the surviving suspect although there seems to be some varying reports on that. some experts are now turning to their past for clues. their family traces their origins to a small area in southern russia known as chechnya. it is predominantly muslim country, or area. it has been in turmoil for years. with islamist terror groups launching a series of attacks against russian targets in a fight for independence in muslim states. 2002, a chechen group stormed a theater in moscow. there were 700 people in the side at the time. more than 100 people died during a rescue attempt by russian security forces. 2004, in the largest hostage
jobs that should not have one. >> reporter: the faa didn't mince words, blaming most of the backlog on "federal budget cuts." the agency says it was forced to furlough air traffic controllers one day every other week. it saves the agency $640 million. the faa says it could cost travelers 90-minute delays on 6,700 flights every day. and early numbers show delays at baltimore, washington, and laguardia spiking four-fold today over last monday. but part of that could be weather-related. but at other airports like philadelphia, not much change. to see for ourselves, we boarded a flight in miami for orlando. so here's the confusing thing. the flights to washington, d.c. all seem to be delayed from miami. but the flight tracker here on the faa website has no delays. >> so 10% fewer air traffic controllers still have the same number of planes in the air at the same time. about 5,000 of them. transportation secretary ray lahood called it a calamity. >> safety will never be compromised. safety is not involved in the decision that we made about who to furlough and when to do it. >> reporter:
real business. >>> all right. first up, as airport delays mount to the faa is blaming the spending cuts sequester, forcing thousands of air traffic controllers to take unpaid leave. but republicans blame the obama administration for selectively choosing which cuts would make us all feel the most pain. take a listen to kansas senator jerry moran earlier today. >> it seems as if politics is playing a significant role in the determining what actions the faa are taking, and every indication that i have from conversations with my colleagues is it emanates from the white house. >> all right. here to talk about what i call the phony crisis and the obama democrats' attempt to raise $1.2 trillion in taxes is texas republican congressman, vice chair of the joint economic committee, my friend brady. and democratic strategist steve mcmann and's guy benson here with me. mr. kevin brady, welcome. i know you blasted the irs for their fur lows. but i want to just put up -- i don't know if you can see this, probably not. i'm going to read the numbers. we're going to show you that the faa ha
. >> heartbreaking to look at it. >> the faa is starting its furlough program, forced days off. >> delays at some of the nation's busiest airport. >> the government needs to get their act together. >> tsa, putting a temporary hold on the controversial policy change that would have allowed small >> a proposal to make it illegal to buy tobacco unless you are 21. >> and at the location where he dropped -- >> innocent men, women, and children. you get paid for it. >> which is your strongest -- >> honestly i don't know. >> is there someone we could call. >> freedom rock woodstock, and his songs were an an them for a generation. richie havens has died. >> i was never in show business. i was in the communications business. >>> a rookie news anchor clemente, thought his knife was off. >> by the way, a.j. was fired today. >> and, man, that sounds like an idiot. >> this morning's eye opener presented by prudential. >> wel "cbs this morning." good morning, norah. >> good morning, charlie. welcome back. >> good to be back. >>> the hospital treating the marathon bombing suspect was turned i
on a sequester cuts through airport delays. where the faa could have cut the that the president had let him. outrage tuesday rolls on after this. stuart: this is an understatement, netflix shares are up this morning. way up. more people signed up to pay for netflix after three months of "house of cards." people loved it. many people subscribe to netflix now, almost as much as hulu, hbo. iphone sales expected to be down. apple down this year, up only $1 now, below 400. look at coach. i always considered it a demographic luxury. sales are up better than expected, coach is assuming 11%. $5 stocks hitting all-time high. all of them are up. up 125. outrage tuesday rolls on in a moment. [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ]'ll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ ♪ the middle of this special moment and i need to run off to the bathroom. ♪ i'm fed up with always having to put my bladder's needs ahead of my daught
in the light air waiting for faa approval. how long? and we will see how the currency holds up against the dollar across the board gains against the greenback. how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investments. our integrated technical analysis is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. >> your fox news minutes and president of bombing and the first lady attending the memorial service for this week's bomb attack. former massachusetts governor and presidential nominee mitt romney is among those attending. the president is expected to give remarks following the service. the search for survivors continues after the massive fertilizer plant explosion in west, a texas. between 15 people and dead when m
the very latest ahead. adam: plus fibers -- flyers get ready for long delays. the faa says they are coming through. is it a warning or threat thanks to sequestration? we're live from one of the country's biggest airports next. first time to see how oil is trading friday night, buy. you are gonna need a wingman. and my cash back keeps the party going. but my airne miles take it worldwide. [ male announcer ] it shouldn't be this hard. with, it's easy to search hundreds of cards and apply online. adam: get ready for some massive delays at the nation's airports. the faa is warning that 7,000 flights a day could be delayed due to furloughs of air traffic controllers as a result of sequestration. our jeff flock is at chicago's o'hare international airport with the headaches. >> i know we've heard about this before, adam but this time they're serious. really this could be bad. let's give you a lowdown on the furloughs. by the way, lots of delays out here today. but that is weather, not furloughs yet. here is what will happen. the furloughs will start on sunday. th
travelers at some of the nation's busiest airports. yesterday alone the faa said there were more than 400 flight delays nationwide. 47,000 faa workers must take furlough days, including 15,000 air traffic controllers, losing one day of work every other week. that's a 10% reduction in staffing. >> when 70% of your budget of your operating budget is personnel, you cannot avoid when the cuts are as deep as they are in the sequester, the kinds of actions that are taken. >> today the transportation department says it's considering a request from the airline industry to temporarily suspend the delay rule in light of these furloughs. that rule prohibits airlines from keeping passengers on the tarmac for more than three hours. here in the bay area, an average of three air traffic controllers are scheduled to be furloughed in san francisco, oakland and san jose. officials say so far they haven't seen significant delays due to the furloughs here. however, the faa tells us los angeles international experienced delays of more than three hours for some arriving flights last night and that ended up cau
turbulence here in washington tonight. >> as the faa began furloughing air traffic controllers and the flight delays began. the finger pointing quickly followed. >> as a result of administration's poor planning, i would argue political motives, thousands of people were stuck on tarmacs over the last few days. >> congress had an opportunity but republicans made a choice. and this is a result of a choice they made to embrace the sequester as, and i'm quoting republicans, as a victory for the tea party and a home run. >> if the blame was partisan, the pain was not. long lines and missed connections raised bipartisan concerns with republican and democratic senators asking the transportation secretary and head of the faa how much funding do you need to avoid furloughing air traffic controllers and to keep the contract air traffic control towers open and what could you cut from other accounts to avoid or reduced air traffic controller furloughs and contract closures and there were bipartisan proposed solutions. >> what i believe is there ought to be postponement of these furloughs to give all of us
healthcare. >>> cancellations are piling up at the airports. there are 124 delays across the country. the faa and airlines say the delays are the result of budget cuts and furloughs forced by the federal sequester. yesterday more than 1,200 flights were delayed. about 10% of the faa's air traffic controller's work force were required to take an unpaid day off. joining me now, the president and chief executive of airlines for america. thank you for your time. >> thank you for having me. >> i've seen a couple of reports disputing whether these delays we saw yesterday were normal. some allegedly weather-related. as i understand it, you believe. >> not all of them are because of the sequester. we're keeping as close track as we can based on the information from the faa. which are sequester-related and which are not. the point is these delays are increasing today as we speak and we think will continue based upon the fax's forecast to snow ball as time goes on. >> can you give me a percentage, at least today, for example? i said there are about 1,200 flights delayed. do we know what percentage you believe were canc
air traffic controllers must take one day off a week. the faa said planes will have to take off and land more frequently. that would translate to potential longer lines at the airport. joining me is the spokesperson for sfo. can you give me an idea of how many travelers will be out on every given day or? >> what i can tell you, it's about a 10% of reduction. if i'm an air traffic controller, one of my days out of ten is reduced as the furlough. >> reporter: do you have any idea if this will impact the lines? >> i think where we might see some effect is more from the faa perspective. i don't know if it will affect the lines at the airport. but in terms of flight delays, if there's another airport that has congestion issues or staffing issues, even if we're fined locally, we may experience delays to and from the location. it's very much a nationwide issue. >> reporter: it's a juggling act for you. i think one of the things we can expect, there is a procedure we use and that requires an extra controller. not an issue today but if we have bad weather conditions, we might not be able
i think has done a great job. he came in and he said hey, folks, i gotta tell you the faa is one of the biggest parts of the department of transportation. and they got nothing but people, you know. they don't have like battleships that can keep in port or whatever and we're going to have to cut x billion dollars whatever it is. the only way we can meet that goal is we're going to have to furlough. and most of our people -- so we have nothing but employees basically. most of our people or a good schaffer our people are air-traffic controllers so there is no way -- this is what lahood told us, told the world. there is no way that we can avoid this. therefore, no way to avoid what that's going to mean. three things, he said. delays in flights. cancellation of flights and shutting down some regional towers. and he appealed to his fellow republicans. he is a republican. was saying republicans cannot let this happen because they're going to suffer the consequences. of course people said they're just exaggerating. that's not going to happen. and then march 1 kicks in, the sequester kick
: the faa releasing a statement saying it will quote, be working with the airlines and using a comprehensive set of air traffic management tools to minimize the delays and impacts of lower staffing as we move into the busy summer season. do you find that reassuring? i'm not sure i do. good morning stuart. stuart varney from the fox business network. stuart couldn't we move money over from consultants and grants to help folks out in the control tower? >> let me spell out what we're talking about. $500 million this year for consultants. $474 million in wrapts grants to make communities more liveable and sustainable. obvious, question, martha, take some money out of the consultants bucket and put it into air traffic controlsers bucket to avoid delays. president says can't do that. i don't have the flexibility to target nonessentials. can't do it. so the republicans introduced a bill that would specifically give the president that flexibility, to avoid this pain. he threatened to veto it. that's where we stand this morning. more cuts are coming. more delays are coming. the president does not wan
to the viewers out west. on the first day of faa furloughs, there were delays. but the airlines saying don't blame us. the biggest delays hit los angeles international first. last night the federal aviation administration reported a staffing problem causing some arriving flights to run an average of three hours and seven minutes late. >> we're going to crater the entire system. orter: the nation's airlines and biggest pilots union say it points to troubles ahead. their plan to furlough air traffic controllers, forcing them to tay home one day every other week will bring the system to a grinding halt. >> it will be like having hurricane sandy in the north and hurricane katrina in the south at the same time. >> reporter: so they're suing the faa to postpone the furloughs but the faa says it's the only way to slash $637 million from its budget, cuts required by congress. the busiest airports are expected to take the hardest hits. maximum delays at atlanta's hartsfield-jackson could reach 3 1/2 hours. chicago's o'hare, more than two. and at new york's laguardia, nearl
. that is good news for anyone flying out at any point today. you talked about these sequestered cuts, the faa says a big lead the air traffic controllers. furlough days are being issued. we actually did see some delays because of those air traffic control furloughs. places like laguardia in new york and l.a. acts. lax at delays at somewhere between one hour and three hours. it did not really have a lot of affect here as at all but anytime you have delays around the country, it has an accordion of fact. that is what they're afraid of. they're thinking today maybe a day will restart the see some delays are around the country. you can see here in the board at sfo, everything was on time. we did not have a delays but that cannot easily change as a day goes on. we're telling people if you're coming to the airport and flying any time in the near future, make sure you call ahead and check the status of your flight. make sure your weather could be delays. a spokesperson is coming out and we are trying to get the interview with him. if we have any issues, we'll pass them along as they come in. >> with
with the lithium ion batteries. now the head of the airline says it expects faa approval to put dream liners back in service. united airlines have put 787 back on the flight schedule for june. no dream liners can fly until the faa approves the system. >> time now 7:54. within the next month a bicycle beromiter will be installed on market street. all to encourage more people to ride their bikes. installed on the south side of market street between 9th and 10th street. it's going to be 7.5 feet tall. it will be able to show you the number of bicycles that go by. >> i can't ride to work unfortunately. >> a little early. >> 2:30 in the morning. but i do ride my bike when i can. a little beach cruiser . >> i know you do. this morning we have a bunch of slow traffic. i want to mention 5:80 is still a mess. you are wondering why. we had an earlier truck accident. news chopper 2 did take these pictures. it has since been towed away. the two left lanes were the only three open. the traffic is a huge mess coming out of the pass for miles and miles heading west. you can see some of these pictures. unfortuna
travel day it's monday. 47,000 faa employees will get furloughed as a result of budget cuts. they will lose one day of work every other week. the pilot's union due to the faa will staffect so many people. >> out of those 15,000 were air traffic controllers. perhaps it's a better idea to perhaps maybe drive somewhere because gas prices are going down. >> this is the time of year when they are supposed to go up. let's enjoy it while it lasts. gas prices could fall almost $0.20 by memorial day. it would go down to $3.30 a gallon. inventories are high we have a lot of supply. and the economy is slowing down. consumption is the lowest since 1997. this morning gas prices averaging 3.52 a gallon. last year at this time 3.86. that's a nice little savings. >> some say could go below $3 a gallon? >> rocky mountain region could see 32 -- $2.98. >> road trip. >> finally. it is 11 minutes after the top of the hour. a runner survives the marathon bombing only to return home to texas to witness the fertilizer plant explosion and he's sharing his story. we will have that coming up. >>> they
, as the faa furlough air traffic controllers. leading to reports of flight delays across the country but they suggest it's nothing more than a political strategy to get travelers to campaign to reduce the budget in other areas that would not delays passengers. some of the spending and $500 million they are spending, quote consultants or the $325 million for supplies and travel. there is the department of transportation $474 million grant program that promises to make communities more livable and sustainable. you may recall tsa, different agency but speaks to the spending that our government level, recently okayed a $50 million contract for new uniforms. that is a lot of dough. are we spending it well. so tsa is under dhs which is not the same, the point is just that they spend and they spend and they spend. they found $50 million to spend over the tsa and uniforms when it comes to air traffic controllers, now they to furlough and cut back? >> the numbers are all there. you laid out important numbers there. $474 million to make communities more livable through the faa, honestly, money
as the national transportation safety board takes a closer look at one fire in particular just days after the faa approved boeing's plan to get its fleet back in the air. dan springer is live in seattle. dan? >> reporter: yeah, jon. the faa approved the battery fix even as the company answers tough questions about the fire back in january that led to the dreamliner fleet getting grounded. the plane's lithium ion battery sured a short which led to the failure of all eight cells. boeing's new plan includes a redesigned battery that has more insulation between the cells to prevent what's called thermal runaway. the battery charger has been redesigned to reduce the total amount of energy in the battery so it doesn't work as hard, and it's going to be in a better steel containment box that won't allow oxygen to fuel a fire. the ntsb put boeing on the defensive this morning about its assumptions that turned out to be wrong. >> what we can't do is we can't account for every single possible method of short circuit, particularly what we would consider the unknown unknowns. >> reporter: boeing says it has
what those jitters say about the state of the this market coming up. ashley: outrage over faa furloughs and flight deys. lawmakers demanding answers from the white house. but those delays not stopping airline stocks from soaring. they're in the green today. we'll have all of that straight ahead. tracy: everyone is talking apple expected to report its first quarterly profit drop in 10 years. can apple do anything to stop the slide? we'll have a preview coming up. ashley: first at to the top of the hour, stocks back on track after a steep drop last hour. nicole petallides on the floor of the new york stock exchange. sandra smith is in the pits of the consider me. let's begin with nicole. i guess it as hacker flash crash of sorts, nicole. >> that is good way to call it. this is moment, whew, its all done. we made it through. look where market averages are. they are virtually where they were moments before we saw the market move into negative territory. the dow industrials up 130 points, a gain of 1%. like s&p 500, tech-heavy nasdaq best of the bunch. continuing trend we've seen three days
closures and it is really at the mercy of the faa. >> some of the airlines have started to react. delta has said it is disappointed and warned travellers to expect delays in major cities that we've already outlined. what are the other things we're hearing from the airlines? >> basically the airlines are saying the faa has other options. they can cut their budget in other places. the fax says no. this is how we have to go ahead and do it. the airlines have taken the fax to court over this of they filed a lawsuit on friday. there is no hearing date set for that. everybody is watching closely to see if the courts change the decision. >> what do you know about this newark situation, the flights having to return as a result of the washington controllers being, quote, overwhelmed? >> you have a regional air traffic facility that handle flights going from new york to let's say, florida. a lot of the flights heading over the washington air space were overwhelming the number of reduced workers there. they said we're sorry. you have to turn around and come back. >> what's next? >> next we'll watch wh
the president and congress. >> the faa blames the combination of staffing shortages and the weather for massive delays at major hubs. the agency claim it had no choice but to put 15,000 work order unpaid furloughs through october which means 10% fewer working each day. we know passengers are frustrated, of course, but so are those air traffic controllers who worry they're being used as political pawns of. >> the air traffic controllers have never been furloughed. they should not be furloughed now. >> the white house says the furloughs were unavoidable under the cuts originally supported by republicans and republicans simply say this. blame obama for delaying your flight. let's get a first class perspective on all of this from the "huffington post," howard fineman. did you see what i did there? >> i wish i could fly first. we don't. >> so howard, you know there is a difference between the reality of the situation and the perception of the reality of the situation. do you think that most people who are inconvenienced by this, waiting in longer security lines, do you think they're standing there w
immigrations and forced them without being certified by the faa. 167 out of 434th flight training schools, 38% today do not have the required faa certification. unawared ice is often when they revoke certification for flight training providers. they are working with the faa to address this issue. provideurances can you about efforts to improve its communications with the faa? >> we are very far along. a newalso moving from system governing institutions that educates student visa holders. this will help solve the problem. that. get to the silent screen process. under the present system, applicants for asylum must undergo a credible interviewed to determine whether they have a credible fear of persecution in his or her county of origin. but the officer determines that they have a credible fear, the application is a long for further consideration. streamlines the process partly by allowing a screening officer to grants asylum immediately following the interview. if this were to become law, how department in sure they're adequately screen for national security threats? permit togulations confer w
, i think they should furlough the president and congress. >> the faa claims it had no choice but to put 15,000 controllers on unpaid furloughs, which means 10% fewer of them working each day. that could mean delays of 3 1/2 hours in atlanta, two hours in chicago and 1 hour and 20 minutes in laguardia. the airlines are furious and argue there are other places to cut. >> the air traffic controllers have never been furloughed. they should not be furloughed now. >> the controllers complain they're being used as political pawns. >> it's the piece of sequestration that affects americans the most. and i don't think that it's fair that air traffic control, particularly air traffic controllers are being used as a pawn. >> ray lahood has a message. >> tell them to fix sequester, and this will go away. >> the administration seems to be saying that any solution to put the air traffic controllers to work must include an overall roll back of the sequester. which does not look like something that's going to happen any time soon. the next few months could be a nightmare for travelers. >> the
visitor programs certification from immigrations and forced them without being certified by the faa. according to g.a.o., 167 out of 434th flight training schools, 38% today do not have the required faa certification. i am told ice is often unaware when they revoke certification for flight training providers. i understand that ice is working with f.a.a. to thards issue. what updates and insurance consist you provide about ice's efforts to improve its communication with the f.a. toombings address this issue? >> i think we are very far along. by the way, senator, we're also moving from a new system governing institutions that educates student visa holders. this will help solve the problem. i will get to that. the silent screen process. under the present system, applicants for asylum must undergo a credible fear interview to determine whether they have a credible fear of persecution in his or her county of origin. but the officer determines that they have a credible fear, the application is a long for further consideration. this bill streamlines the process partly by allowing a screeni
Search Results 0 to 27 of about 28